Instant Home Valuation

Saturday, January 14, 2012

Mortgage Applications Soar 4.5%

Mortgage applications for purchase -- a gauge of future home buying -- increased 8.1 percent last week, the Mortgage Bankers Association reports. The purchase index on an unadjusted basis now stands at 41.9 percent higher than last year, signaling more people taking out loans to buy homes.  More home owners are also taking advantage of low...

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